Kroger CEO resigns amid internal investigation
Kroger CEO resigns amid internal investigation
Kroger Chairman and CEO Rodney McMullen has resigned from the company following a board investigation of his personal conduct that, while unrelated to the business, was inconsistent with Kroger's policy on business ethics. The board has appointed Lead Director Ronald Sargent to serve as chairman of the board of directors and interim CEO, effective immediately. The board also announced that Mark Sutton will serve as Kroger's lead independent director, also effective immediately.
On Feb. 21, the board was made aware of certain personal conduct by McMullen and immediately retained outside